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PennyMac Financial Services Inc (PFSI.N)

PFSI.N on New York Stock Exchange

18.50USD
20 Oct 2017
Change (% chg)

$0.10 (+0.54%)
Prev Close
$18.40
Open
$18.60
Day's High
$18.67
Day's Low
$18.48
Volume
20,595
Avg. Vol
34,961
52-wk High
$19.35
52-wk Low
$15.70

Latest Key Developments (Source: Significant Developments)

Pennymac Financial Services enters master repurchase agreement
Thursday, 24 Aug 2017 05:03pm EDT 

Aug 24 (Reuters) - Pennymac Financial Services Inc ::Pennymac Financial Services -on Aug 21, co through indirect subsidiary, Pennymac Loan Services, Llc, entered master repurchase agreement - SEC filing​.Pennymac Financial Services-pursuant to deal, please may sell to Deutsche Bank, later repurchase, newly originated mortgage loans in aggregate amount up to $750 million​.Pennymac Financial Services Inc - ‍repurchase agreement is set to expire on August 21, 2019, unless terminated earlier in accordance with its terms​.  Full Article

Pennymac Financial Services announces pricing of second term note issuance secured by Ginnie Mae MSRs and ESS
Tuesday, 8 Aug 2017 04:05pm EDT 

Aug 8 (Reuters) - Pennymac Financial Services Inc :Pennymac Financial Services, Inc announces pricing of second term note issuance secured by Ginnie Mae MSRs and ESS.Pennymac Financial Services -pricing of second private offering of secured term notes in an aggregate principal amount of $500 million to be issued by its unit.  Full Article

Pennymac Financial Services reports Q2 earnings per share $0.44
Thursday, 3 Aug 2017 04:30pm EDT 

Aug 3 (Reuters) - Pennymac Financial Services Inc -:Pennymac Financial Services, Inc. Reports second quarter 2017 results.Q2 revenue $201.7 million.Q2 earnings per share $0.44.Q2 earnings per share view $0.67 -- Thomson Reuters I/B/E/S.Pennymac Financial Services Inc - qtrly net assets under management were $1.6 billion, essentially same as $1.6 billion at march 31, 2017 and June 30, 2016.Q2 earnings per share view $0.67, revenue view $226.7 million -- Thomson Reuters I/B/E/S.  Full Article

PennyMac Mortgage Investment Trust prices public offering
Tuesday, 27 Jun 2017 05:16pm EDT 

June 27 (Reuters) - PennyMac Mortgage Investment Trust ::PennyMac Mortgage Investment Trust prices public offering of 8.00 percent series B fixed-to-floating rate cumulative redeemable preferred shares.PennyMac Mortgage Investment Trust - company intends to apply to list series B preferred shares on New York stock exchange under symbol "PMT PRB.".PennyMac Mortgage Investment Trust-pricing of underwritten public offering of 7 million of 8.00 percent series B preferred shares for proceeds of $175 million.  Full Article

Pennymac Financial announces $50 mln stock repurchase program
Wednesday, 21 Jun 2017 04:30pm EDT 

June 21 (Reuters) - Pennymac Financial Services Inc :Pennymac Financial Services Inc announces $50 million stock repurchase program.Pennymac Financial Services - board authorized stock repurchase program under which co may repurchase up to $50 million of outstanding class a common stock.Pennymac Financial Services - ‍company intends to finance stock repurchase program through cash on hand​.  Full Article

PennyMac Financial Services enters amendment to master repurchase agreement
Friday, 5 May 2017 04:40pm EDT 

May 5 (Reuters) - PennyMac Financial Services Inc :Pennymac Financial Services - on may 3, through its units entered into amendment to master repurchase agreement, dated as of Dec. 4, 2015 - SEC filing.Pennymac Financial Services-under terms of amendment, maximum aggregate purchase price provided was temporarily increased from $300 million to $500 million.Pennymac Financial Services Inc - under terms of agreement, period of increase runs from May 15, 2017 to and including September 30, 2017.  Full Article

PennyMac Financial Services rpeorts Q1 earnings per share $0.47
Thursday, 4 May 2017 04:30pm EDT 

May 4 (Reuters) - PennyMac Financial Services Inc :PennyMac Financial Services reports first quarter 2017 results.Q1 revenue $204.5 million.Q1 earnings per share $0.47.Q1 earnings per share view $0.64 -- Thomson Reuters I/B/E/S.Qtrly book value per share increased to $16.01, up from $15.49 at December 31, 2016.  Full Article

Pennymac Financial Services through units enters into repurchase agreement
Wednesday, 3 May 2017 06:18pm EDT 

May 3 (Reuters) - Pennymac Financial Services Inc ::Pennymac Financial Services - on April 28, co through its units entered into a third amended and restated master repurchase agreement - SEC filing.Pennymac Financial Services - agreement committed to April 27, 2018, together with certain master repurchase agreement dated as of Dec 19 2016.Pennymac Financial Services Inc - agreement provides for a maximum combined purchase price of $1.5 billion.Pennymac Financial Services Inc - maximum combined committed purchase price under repurchase agreement and VFN repurchase agreement is $700 million.  Full Article

PennyMac Financial Services reports Q4 EPS $1.00
Thursday, 2 Feb 2017 04:30pm EST 

PennyMac Financial Services Inc - : Reports fourth quarter and full-year 2016 results . Q4 revenue $289.3 million . Q4 earnings per share $1.00 . Q4 earnings per share view $0.82 -- Thomson Reuters I/B/E/S . Qtrly net assets under management were approximately $1.5 billion, essentially flat compared with September 30, 2016 .Q4 earnings per share view $0.82, revenue view $248.3 million -- Thomson Reuters I/B/E/S.  Full Article

PennyMac Financial Services Inc announces proposed private offering of secured term notes
Friday, 20 Jan 2017 08:30am EST 

PennyMac Financial Services Inc : PennyMac Financial Services Inc announces proposed private offering of secured term notes .PennyMac Financial Services Inc says its indirect controlled subsidiary, PNMAC GMSR issuer trust intends to offer term notes.  Full Article

BRIEF-Pennymac Financial Services entered into amendment to terms of its mortgage loan participation purchase and sale agreement

* Pennymac Financial Services Inc - Entered into an amendment to the terms of its mortgage loan participation purchase and sale agreement, dated Aug 13, 2014